16 Ferris Rd

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16 Ferris Rd, Scarborough
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
E8293742
MLSID
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Property Description
Welcome to 16 Ferris Rd, a stunning renovated solid brick bungalow nestled on a quiet crescent in the highly sought-after O'Connor-Parkview neighborhood of Toronto. This rare gem boasts three bedrooms and three bathrooms, offering spacious open-concept living ideal for modern lifestyles. Step inside to discover a tastefully designed kitchen featuring elegant quartz counters, perfect for culinary enthusiasts and entertaining guests. The master bedroom awaits with its own private 3-piece ensuite and walk in closet, providing a serene retreat at the end of the day. Throughout the home, hardwood floors gleam underfoot, complemented by crown molding, 7-inch baseboards, and an abundance of pot lights, adding a touch of sophistication to every room. Outside, escape to your own park-like backyard oasis with a swim spa, ideal for relaxation and outdoor gatherings. Prime location, TTC at your doorsteps, surrounded by great schools, beautiful parks, Kiwanis outdoor pool, East York Memorial Arena, Stan Wadlow Clubhouse, public libraries, Grocery stores, Danforth Mall and so much more!
Extras
The property is conveniently located within walking distance of Taylor Creek Ravine, offering residents the opportunity to explore nature trails and enjoy the beauty of the outdoors right at their doorstep.
Nearby Intersections
Property Features
Library, Park, Public Transit, School
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
42' x 120'
Fronting
North
Taxes
$5,157 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.11' x 16.50'Hardwood Floor, Combined W/Dining, Fireplace
DiningMain9.28' x 15.81'Hardwood Floor, Combined W/Living, Window
KitchenMain6.89' x 10.70'Hardwood Floor, Open Concept
2nd BrMain10.14' x 11.91'Hardwood Floor, Semi Ensuite, Closet
3rd BrMain9.81' x 9.12'Hardwood Floor, Window, Closet
Prim Bdrm2nd9.09' x 11.19'Hardwood Floor, Pot Lights, W/I Closet
RecBsmt16.11' x 25.69'Hardwood Floor, Pot Lights, Open Concept
BrBsmt11.52' x 22.60'Hardwood Floor, Pot Lights, Window
Scarborough Market Statistics
Scarborough Price Trend
16 Ferris Rd is a 3-bedroom 3-bathroom home listed for sale at $1,099,900, which is $323,272 (22.7%) lower than the average sold price of $1,423,172 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.
Inventory Change
There were 1,201 3-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $75,399 (5.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $7,486 decrease compared to the previous 30 day period (March 15 - April 13) and $110,072 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Scarborough over the last 30 days (April 14 - May 13) stood at 45.6%, down from 83.8% over the previous 30 days (March 15 - April 13) and down from 69.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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